March 25, 2005 - (HOSTSEARCH.COM) - Digital River, a kind of web hosting service provider that specializes in building and managing online businesses for more than 40,000 software publishers, manufacturers, distributors and online retailers, today announced that it is offering its clients the Digital River Visa Electron Card. The card, which functions like a debit card, provides Digital River clients a quick, easy and secure method for making off-line purchases, withdrawing cash, and receiving payments from the company for revenue they generate on their Digital River-hosted e-commerce sites. The Digital River Visa Electron Card is tailored for the company's small- to mid-sized clients.
"As a leader in e-commerce outsourcing with a global client base, we have found that we need to continually innovate and adopt new ways of conducting business to further expand internationally and accommodate clients in geographies we already have penetrated," said Joel Ronning, Digital River's CEO. "Because there are a significant number of our global clients living in areas where credit card acceptance is low and withdrawing cash from banks often is difficult or uncommon, we are excited to provide a service that can offer increased convenience for being a Digital River client. We believe the Digital River Visa Electron Card helps encourage security, confidence and accessibility, all vital ingredients to the continued growth of e-commerce on a global basis."
The Digital River Visa Electron Card can be used in off-line locations, but requires a personal identification number like a debit card. The card also is accompanied by a Virtual Visa card, which can be used to make online purchases on sites that accept Visa. In addition, the card can be used in over 150 countries to withdraw cash from nearly one million ATMs that display the Visa or PLUS logos.
The Digital River Visa Electron Card is powered by ePassporte, a leading provider of prepaid Visa cards that are sold online. Cardholders can access their statements in real-time and manage their accounts through the ePassporte Web site (www.epassporte.com) and by calling ePassporte's toll free 24-hour customer support call center.